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Islamic Finance Briefing - Categorized | Banking, Investment, Private Equity more

PE firms eye Emirates NBD unit stake

Posted on 14 July 2010

From Tradearabia.com: At least three private equity firms have bid for a minority stake in Network International, the Dubai payment company owned by Emirates NBD, with a decision seen by mid-August at the earliest, sources said.
A deal could take longer to conclude, however, as Emirates NBD is still undecided on how much and when to sell a stake in the business, two banking sources told Reuters on Tuesday……………………………………….Full Article: Source

 
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